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House Hansard - 242

44th Parl. 1st Sess.
October 30, 2023 11:00AM
  • Oct/30/23 2:40:34 p.m.
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Mr. Speaker, the federal government cannot let 250,000 businesses go bankrupt without trying to save them. Everyone is asking the government to defer repayment of the CEBA loans for another year without losing the subsidy. All the premiers agree on this, including the premier of Quebec and the premiers of the other provinces, as well as the National Assembly, the Canadian Federation of Independent Business and the Association Restauration Québec. The federal government's inaction is leading us to a wave of bankruptcies. When will the government finally offer SMEs an adequate deferral of repayment?
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  • Oct/30/23 2:41:56 p.m.
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Mr. Speaker, let us talk about the federal government's flexibility. Businesses had until December 31 to repay the loan without losing a subsidy that is saving them from bankruptcy. Are my colleagues aware of how much more time Ottawa has given them? It has given them 18 days. The Liberals gave 18 days to businesses that have been fighting for three years to pay off their pandemic debts. Eighteen days is what they call flexibility. The survival of 250,000 businesses is at stake. When is a real payment deferral coming?
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